The real estate industry in India has grown on the back of fast developing housing segment. In fact, it is the most dynamic segment of the real estate industry compared to commercial and other property development segments. With the entry of corporate houses like DLF, Parsvnath and Omaxe, easy finance options from financial institutions and government support, the housing industry in India has rapidly grown over the past few years.
The housing construction industry is poised for tremendous growth in coming years in the backdrop of large population base, rising income level, increasing demand for housing units, fast changing rural housing landscape. In addition, the housing construction industry is expected to overtake other industrial sectors in terms of contribution to GDP growth in the next few years. Although the Indian housing industry will see slowdown in 2009 due to after effects of global financial crisis, it is anticipated to attain earlier growth trajectory by the end of 2010 on account of precautionary measures.
The report Indian Housing Sector Analysis provides exhaustive information and objective analysis on the growing housing industry in India, its components and supporting financing structure. The report also discusses the market structure, current and past market performance and factors critical to the success of housing industry in India. Detailed data and rational analysis helps investors, financial service providers and global banking players to navigate through the latest trends in the Indian housing industry.
More : officialwire.com
Send an E-Mail for India Property Enquiry!
Related News from India Properties
Housing Sector in India to be on a Growth Spree by 2015
Indian industry body, ASSOCHAM, asserts that housing demand is poised to see a growth of around 80 Million for the lower-income and the lower-middle income groups. Housing Sector in India is also likely to generate around 4 Million new jobs within a decade with a whooping investment of US$ 670 Billion. Its also expected that housing and real estate sector will undergo a revolutionary transformation to grow at around 14% annually. Presently, the contribution of Indian Housing to the countrys GDP is modest at less than one percent. It was also estimated by a research firm that by 2010 the demand
Green realty rises in India despite slump
The Indian real estate sector has gone green despite global the economic slowdown. The total supply of green realty space has doubled to 6.8 million sq ft in September 2009 from an early- 2007 level of 3.8 million sq ft, said a report, ' Green Buildings: Benefits and Future Outlook', published by DTZ International Property Advisers Pvt Ltd. The report added that the supply of green space has been well contributed by various real estate segments, with the IT/ ITeS sector contributing as much as 58 per cent of the total supply in the country. Though commercial realty has been the major
City ranks high for property development
HCM City has slipped one spot to the third place in the Asia Pacific in terms of real-estate development prospects next year, an annual report by the US-based Urban Land Institute and financial consultancy PricewaterhouseCoopers LLP (PwC) says. It follows only Shanghai in China and Mumbai in India in the recently published "Emerging Trends in Real Estate® Asia Pacific 2010" report which surveyed 20 cities. In 2009 it was ranked behind another Indian city, Bangalore, but before Mumbai. Next year HCM City is viewed as having the second highest potential in two of five development categories, retail and hotel. More : vietnamnews.vnagency.com.vn
Builders are now focusing in the middle-income group-housing sector
With the slowdown in real estate sector over the last one year, the real estate prices have shown some signs of correction. As there is oversupply in the premium segment of housing sector, builders are now focusing in the middle-income group-housing sector. But, the biggest hurdle in this enterprise is the land prices, which have gone through the roof in the last couple of years. According to a report prepared by real estate consultancy firm DTZ, affordable housing for the middleincome group in the country range between Rs 2,500 per sq ft and Rs 3,000 per sq ft. But as the
Market Report, "India Real Estate Report Q1 2010, published
India's property market is in a downturn. After nearly four years of a real estate boom, prices have dropped 20-40% since their peak, property sales have fallen over 50% year-on-year (y-o-y), and developers are burdened with many unsold and unfinished projects. The economic recession has taken hold, and bank lending has tightened. Many projects have been stalled by their inability to raise finance. Office rents have fallen, especially in Mumbai and New Delhi, where they have declined considerably since their peak. There are many office projects in the pipeline, and this will exert further downward pressure on rents in the

